On August 24, 2021, CSG Smart Science & Technology Co., Ltd. closed the transaction. The company has issued 56,480,144 shares at a price of CNY 11.08 per share for gross proceeds of CNY 625,799,995.52. The transaction included participation from Shanghai Chunda Asset Management Co., Ltd. for CNY 29,999,997.48, UBS AG for CNY 59,999,994.96, Huatai Asset Management Co., Ltd. for CNY 29,999,997.48, Guotai Junan Securities Co., Ltd. for CNY 31,300,047.12, Nuode Asset Management Co,.

Ltd. for CNY 32,499,989.96, China Galaxy Securities Co., Ltd. for CNY 99,999,991.60, Zhejiang Enjoy Investment Management Co,. Ltd. for CNY 29,999,997.48, Ningbo Ningju Asset Management Center (Limited Partnership) for CNY 29,999,997.48, Suzhou Chuangpo New Materials Technology Partnership Enterprise (Limited Partnership) for CNY 208,999,990.20, individual investors, Wang Zheng for CNY 32,999,996.12 and Wang Min for CNY 39,999,996.64.